Established in 2022 and based in Gujarat, Prospect Commodities Limited is a fast-growing company in the competitive cashew processing and supply industry. Its vision is to become a market leader through a dual strategy, focusing on expanding its retail presence while also strengthening its core business-to-business operations. The company's primary offering includes various cashew kernels, and it efficiently utilizes the entire nut by producing valuable by-products like cashew husk and shells. To ensure a consistent supply of raw materials, it manages a robust global supply chain with sources from various African countries, South Asian nations, and India. A strategic joint venture with Africa Negoce Industries has enabled the company to achieve over 20% cost reduction by procuring materials directly from manufacturers. In the fiscal year 2024, the company demonstrated strong performance, achieving a total revenue of ₹24.69 crore, which represents a 55% year-over-year growth.;
MD/CEO
Mr. Vimal Sureshbhai Mishra